Economy

23rd Azerbaijan International Telecommunications and Information Technologies Exhibition and Conference opens in Baku

06.12.2017 | Readed: 452

  Bakutel 2017, the 23rd Azerbaijan International Telecommunications and Information Technologies Exhibition and Conference opened at the Baku Expo Center. Bakutel is not just......

TANAP, Shah Deniz 2 to give impetus to Azerbaijan`s economic growth in 2018

24.11.2017 | Readed: 817

The implementation of gas infrastructure projects TANAP and Shah Deniz 2 is expected to provide impetus to growth of Azerbaijan`s economy from 2018, according to the Transition Report of the......

Agreement on Azerbaijan’s participation in EXPO 2020 Dubai signed

20.11.2017 | Readed: 989

  An agreement on the participation of Azerbaijan in the Expo 2020 Dubai was signed on the sidelines of the International Participants Meeting (IPM) held in Dubai, UAE, which......

Azerbaijan increases export of agricultural products

16.11.2017 | Readed: 1119

The State Phytosanitary Control Service under the Ministry of Agriculture of the Republic of Azerbaijan made serious steps in increasing export of Azerbaijani goods to the world countries, the......

AZAL, Boeing sign agreement on purchase of new modern aircrafts

14.11.2017 | Readed: 1037

CJSC Azerbaijan Airlines (AZAL) and Boeing Corporation have today signed an agreement on purchase five B787-8 Dreamliner and two B747-8F (or B777F)......

Passenger traffic of Heydar Aliyev International Airport grows by more than 20 percent

11.11.2017 | Readed: 801

In January-October 2017, Heydar Aliyev International Airport served 3.46 million passengers. This indicator grew by more than 20 percent compared to the same period last year and exceeded the......

L’Opinione newspaper calls Baku-Tbilisi-Kars railroad “a cooperation corridor”

07.11.2017 | Readed: 950

A senior fellow at Italian Il Nodo di Gordio think tank has called the Baku-Tbilisi-Kars railroad “a cooperation corridor” in his article in L’Opinione newspaper. In......

Azerbaijan moves up 8 spots to rank 57th in Doing Business 2018

01.11.2017 | Readed: 868

Azerbaijan has climbed 8 spots to rank 57th in the Doing Business 2018, which presents quantitative indicators on business regulation and the protection of property rights that can be compared......

New head office of Ziraat Bank Azerbaijan opens

01.11.2017 | Readed: 820

A new building of the head office of Turkey`s Ziraat Bank Azerbaijan has been opened today in......

Azerbaijan, Turkey issue postage stamp devoted to Baku-Tbilisi-Kars railroad

31.10.2017 | Readed: 781

Azerbaijan and Turkey have jointly issued a postage stamp devoted to the Baku-Tbilisi-Kars railroad.......

Buta Airways changes terminal of departure flights from Baku

27.10.2017 | Readed: 840

Starting from October 29, 2017, all departure flights of low-cost Buta Airways from Baku will be carried out through the North entrance of Terminal 2 of the Heydar Aliyev International......

Azerbaijan`s State Customs Committee, Caspian European Club hold business forum

26.10.2017 | Readed: 815

Baku has today hosted a business forum of the State Customs Committee of the Azerbaijan Republic, Caspian European Club and Caspian American Club.......

Buta Airways starts flights to Europe

14.10.2017 | Readed: 989

An agreement on opening of direct flights between Baku and Sofia has been reached in negotiations of Presidents of Azerbaijan Ilham Aliyev and Bulgaria Rumen......

German-Azerbaijani business forum held in Baku

12.10.2017 | Readed: 1034

A German-Azerbaijani business forum has kicked off in Baku co-organized by the German Chamber of Commerce, German Committee on Eastern European Economic Relations and Germany’s Eastern......

Seventh International Caspian Air Cargo Summit 2017 kicks off in Baku

11.10.2017 | Readed: 1045

The Seventh International Caspian Air Cargo Summit 2017 has opened in Baku.......

New well put into operation at 'Oil Rocks' field

11.10.2017 | Readed: 1025

Well No. 2624 in fixed offshore platform No. 620A in the "Oil Rocks" field was commissioned after......

SOCAR exports 12.7 million tons of oil from Ceyhan in September

03.10.2017 | Readed: 1089

In September 2017, SOCAR exported 169,675 tons of oil through Novorossiysk port, 1,352,984 tons through Ceyhan port. According to......

Azerbaijan ranks 35th in Global Competitiveness Report

28.09.2017 | Readed: 1179

Azerbaijan has moved up two spots to rank 35th in the Global Competitiveness Report 2017-2018 published by the World Economic Forum (WEF), Center for Analysis of Economic Reforms &......

Azerbaijan`s Chamber of Auditors signs cooperation agreements with Russian and Estonian counterparts

23.09.2017 | Readed: 1288

The Chamber of Auditors of Azerbaijan has signed cooperation agreements with the Russian Union of Auditors and the Estonian Auditors Association. The signing ceremony took place on the sidelines of "Strategic road map of......

Baku hosts Caspian Energy Transport Forum

21.09.2017 | Readed: 1321

The Caspian Energy Transport Forum has today kicked off in Baku. It is organized in partnership with Azerbaijan`s Ministry of Transport, Communication and High Technologies.......

SOCAR chief: New Azeri-Chirag-Gunashli contract to be submitted to the parliament before the end of 2017

20.09.2017 | Readed: 1234

“The new Azeri-Chirag-Gunashli contract is expected to be submitted to the parliament before the end of 2017, coming into force after ratification,” said Rovnag Abdullayev, president of......

Indian Entrepreneurs got acquainted with Baku White City Project

18.09.2017 | Readed: 1257

Entrepreneurs of Indian Marathi Bandhkam Vyavasayik Association (MBVA) got acquainted with the Baku White City project, within the framework of India-Azerbaijan Construction Business......

Ministry of Agriculture to lend official support to Caspian American Forum Baku-2017

06.09.2017 | Readed: 1185

“Ministry of Agriculture of the Republic of Azerbaijan will lend an official support to the Caspian American Forum-2017 which is to be held in Baku on December 8,” says the Deputy Minister......

Heydar Aliyev International Airport switches to new technological solutions due to increase in passenger traffic

30.08.2017 | Readed: 1200

Passenger traffic of Azerbaijan’s main air harbor - Heydar Aliyev International Airport continues to increase steadily every year. Only for the first seven months of this year the Airport......

Azeri Light crude sells for more than $54

25.08.2017 | Readed: 1210

The price of a barrel of Azeri Light crude oil increased $0.16 to stand at $54.12 on the world......

Azeri Light crude sells for $53.39

21.08.2017 | Readed: 1183

Azeri Light crude oil price has risen on the world markets. The price of a barrel of Azeri Light crude oil increased......

Japanese newspaper highlights importance of direct flights to Azerbaijan

15.08.2017 | Readed: 1196

Japan-based Hokkoku Shimbun newspaper has published an article hailing the importance of direct flights to be launched between Japan and Azerbaijan.......

AZAL calls to buy air tickets only from Airline's trusted partners

05.08.2017 | Readed: 1182

Recently, Azerbaijani Airlines (AZAL) have fixed and prevented attempts of selling air tickets from stolen credit......

Azerbaijani President approves funding for construction of Zire-Turkan highway

25.07.2017 | Readed: 1196

Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Zire-Turkan highway. Under the......

First test train from Turkey to Georgia sent through Baku-Tbilisi-Kars railway route

21.07.2017 | Readed: 1210

The first test train was sent from Kars to Georgian-Turkish border through Baku-Tbilisi-Kars route.......

Caspian European Club and Caspian Energy attend World Petroleum Congress Istanbul 2017

11.07.2017 | Readed: 1262

A delegation of the Caspian European Club and Caspian Energy International Media Group is taking part in the 22nd World Petroleum Congress. Caspian Energy stand is also presented at the......

8 million 126 thousand 315 tons of Azerbaijani oil exported from Ceyhan Port in 2017

05.07.2017 | Readed: 1279

SOCAR exported 159,826 tons of crude oil from the Novorossiysk Port, 176,139 tons of crude oil from the Supsa Port, and 1,429,248 tons of crude oil from the Ceyhan Port in June,......

Airfare of Buta Airways flights to start from 29 euro

24.06.2017 | Readed: 1288

Final minimum airfare for all destinations of Azerbaijan’s first low-cost airline - Buta Airways will be only 29 euros one......

AZAL opens direct flights between capitals of Azerbaijan and Thailand

20.06.2017 | Readed: 1320

Azerbaijan Airlines starts operating regular passenger flights from Baku to the capital of Thailand - Bangkok (Suvarnabhumi International Airport) starting October 29. It should be noted that......

Heydar Aliyev International Airport significantly increased passenger traffic

12.06.2017 | Readed: 1336

During January-May 2017, Heydar Aliyev International Airport served 1.37 million passengers, which is 34 percent more than the same period of last year. Only in May 315,000 passengers were......

BUTA AIRWAYS livery and logo approved

03.06.2017 | Readed: 1375

The logo, corporate style and livery of BUTA AIRWAYS, the first low-cost airline of Azerbaijan, were created by preserving national coloring.......

100th issue of Caspian Energy journal published

01.06.2017 | Readed: 1372

The 100th issue of Caspian Energy journal has been published and was presented to President of the Republic of Azerbaijan Ilham Aliyev at the opening ceremony of the Caspian Oil & Gas 2017......

Azerbaijan-Kazakhstan Joint Intergovernmental Commission to convene in Baku in June

31.05.2017 | Readed: 1343

The next meeting of Azerbaijan-Kazakhstan Joint Intergovernmental Commission will take place in Baku in June, said Kazakh ambassador Beybit Isabayev. This was agreed during Kazakh President......

Azerbaijan Trade House opens in Belarus

30.05.2017 | Readed: 1366

Azerbaijan Trade House has been opened in the Belarusian capital......

Azerbaijan, Russia sign agreement on establishment of helicopters technical service center in Baku

26.05.2017 | Readed: 1337

Azerbaijan and Russia have signed the "Main Action Plan for 2017 on the project of establishing a service center for maintenance and repair of Russian and Soviet-produced civil helicopters in......

Over 200,000 people visited Baku Shopping Festival

25.05.2017 | Readed: 1318

Azerbaijani Minister of Culture and Tourism Abulfas Garayev has said more than 200,000 people visited Baku Shopping Festival. “Very important work has been done to ensure proper marketing,......

Kuwait`s Jazeera Airways to launch direct flights to Baku

24.05.2017 | Readed: 1297

Kuwait`s Jazeera Airways has said it is planning to launch direct flights to Baku from June 23. The flights will be carried out on Mondays and......


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